Madison County property tax collections up to $191 million

Madison County Tax Collector Lynda Hall, shown here in an undated file photo, on Friday gave Madison County commissioners her annual report on property tax collections. (The Huntsville Times/File photo)

HUNTSVILLE, Alabama - Property tax collections in Madison County continued to grow in 2010, but the rate of growth has slowed from previous years.

The county collected more than $191.2 million in property taxes in the fiscal 2010 year, Madison County Tax Collector Lynda Hall told the Madison County Commission Friday.

The 2010 collections were an increase of about $2.75 million, or 1.5 percent, from the $188.5 million collected in 2009, according to Hall's report.

The report showed that tax collections from 2009 to 2010 increased 4.2 percent from $180.1 million to $188.5 million.

But, property tax collections have increased 28.7 percent from $148.6 million in 2005 to $191.2 million in 20201.

The property tax collections will be divided among the county, towns and cities in the county, public schools and the state.

The 2010 property taxes were collected on 173,845 parcels of land. That's up from 172,193 parcels in 2009.

The largest taxpayer in the county in 2010 was Toyota Motor Manufacturing Alabama with a $2.4 million tax bill on property assessed at $69.8 million. The next largest taxpayer was BellSouth Communications at $1.8 million on property assessed at $33.3 million.